REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Tim Flores

[email protected] +1(608) 387-8518

Listed by American, REALTORS

$ 4,900,000

Est. payment | -/mo

19,623 SqFt

Save Virtual Tour

$ 4,900,000

Est. payment | -/mo

Save Virtual Tour

19,623 SqFt

Key Details

Property Type Commercial

Sub Type Retail,Office,Service,Manufacturing,Warehouse,Industrial,Automotive

Listing Status Active

Purchase Type For Sale

Square Footage 19,623 sqft

Price per Sqft $249

MLS Listing ID 2025939

Year Built 2024

Annual Tax Amount $37,895

Tax Year 2025

Lot Size 2.270 Acres

Acres 2.27

Property Sub-Type Retail,Office,Service,Manufacturing,Warehouse,Industrial,Automotive

Property Description

Exceptional owner-user or investment opportunity to acquire a brand-new, 19,622 SF Class-A flex complex at 645 Sandpiper Trail in rapidly growing Cottage Grove. Offered well below replacement cost, this modern facility accommodates retail, office, showroom, and warehouse needs. Majority of the 18,147 SF main building will be delivered vacant upon acquisition, providing a pristine canvas for an owner-occupant or an investor looking to lease at market rates in the expanding Madison economic hub. Adding incredible value is a separate, fully built-out 1,475 SF detached building featuring rental units that are 100% leased, providing immediate passive income to offset carrying costs from day one. Boasting new construction and low maintenance, this premier asset is positioned for long-term appreciation. Note: Advertised financials are pro forma, trading at a proposed 9.3% cap rate based on the partially vacant main building being leased at $19.50/SF NNN.

Location

State WI

County Dane

Area Cottage Grove - V

Zoning PB

Direction Northwest Corner of Cottage Grove Rd and Sandpiper Trl

Rooms

Basement Poured concrete foundatn, Slab/None

Interior

Heating Central air, Forced air, Zoned heating

Cooling Central air, Forced air, Zoned heating

Exterior

Parking Features 36-55 spaces, Onsite, Paved

Roof Type Rubber/membrane

Building

Story 2

Water Municipal sewer, Municipal water

Structure Type Steel

Others

SqFt Source Blue Print

Energy Description Natural gas

Acceptable Financing Seller may assist

Listing Terms Seller may assist

Virtual Tour https://my.matterport.com/show/?m=hzxg2WBnh2R

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(608) 387-8518

[email protected]

Learn More About LPT Realty

645 Sandpiper Trail Cottage Grove, WI 53527